The maritime industry may close in on 2020 before the much discussed Hong Kong convention under the auspices of the IMO has been finally ratified by a sufficient number of countries for it to come into effect globally. In Denmark, the authority responsible with implementing the convention into Danish law is the Danish Environmental Protection Agency which assesses that it may take six years before the maritime industry will have to meet the demands for decent scrapping of ships on a global scale.
“It is not going to happen in one or two years and, and four years, as some has mentioned, might be a bit too optimistic as well. Between four and six years seems more realistic,” Functional Manager in the Danish Environmental Protection Agency Annette Schneider tells ShippingWatch.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.
Start a free company trial todayMore from ShippingWatch
Stolt-Nielsen reports best quarterly profit in years
Norwegian Stolt-Nielsen, which has acquired shares in competitor Odfjell, benefitted from higher volumes and spot rates on the chemical tanker market and predicts further improvement on the market. The company is, however, not quite ready for ordering newbuilds.
Skuld opens new office in Tokyo
Skuld is to open a Japanese branch located in Tokyo. To lead the division, Skuld recruits former deputy general manager from Japan P&I Club.
Production relocations from Asia may increase activities for DSV in Latin America
Logistics firm DSV’s business in Latin America may benefit from companies relocating production from Asia to, for instance, Mexico, DSV’s regional head says.
Scan Global buys freight forwarder in Hong Kong
Logistics company Scan Global Logistics has acquired Hong Kong-based freight forwarder within air and sea freight Sea-Air Logistics with subsidiary and activities in Shanghai.
Exceptions from CO2 quota system may prevent EU's climate effort, says NGO
If exceptions from the EU’s CO2 quota system for, among other industries, shipping survive in the final legislation in climate deal between EU countries’ governments, the EU bloc risks missing its 2030 climate target, warns NGO.
Experienced Bunker Trader - Dubai 
Assistant Operations Manager 
Safety Leadership & Transformation Manager 
Senior Legal Counsel with a focus on Offshore Renewables 
Crewing officer 
Head of Airfreight 
Senior Sales Manager 
Head of Vessel Operations